PURCHASE OF VESSELS

Bergen, NORWAY


Wilson has declared purchase options for 2 vessels in accordance with bareboat charter parties with companies associated with Caiano AS.
 
This relates to MV Wilson Gijon (1993, 3.540 dwt) and MV Wilson Gdynia (1994, 3.540 dwt). Caiano AS is principal shareholder of Wilson ASA.

The total purchase price is MNOK 39 which is based on the former option agreements between the parties. The vessels are currently sailing as an integrated part of the Wilson fleet. Formal change of ownership will take place in October 2008.

Wilson operates currently a fleet of 110 vessels, whereof 78 are owned.